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  5. IOOF GIS Absolute Return - Managed fund profile

IOOF GIS Absolute Return - Managed Fund (Closed)

Fund Objective
Consistent positive returns over the medium to longer term irrespective of market cycles.
Fund Strategy
Assets are invested in a diversified range of investment strategies generating returns from both non-traditional capital markets and active management. The Option makes significant use of absolute return strategies whose returns are less influenced by general capital market movements.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.52% 0.97% 3.18% 9.46% 6.88% 0.81% 2.38% -%
Growth return 0.52% -0.26% -7.4% -4.19% -3.68% -7.31% -5.52% -%
Income return 0% 1.23% 10.58% 13.65% 10.56% 8.12% 7.9% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.3% 0.91% 1.91% 4.09% 4.22% 4% 2.52% 2.06%
As at 31 Aug 2011. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

IOOF GIS Absolute Return
Cash
6.13%
Property & Infrastructure
93.87%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
44.79%
Property & Infrastructure
1.44%
Australian Equities
3.95%
International Equities
6.74%
Fixed Interest
20.69%
Alternatives
22.40%

General Information

Fund Details
Type Description
IOOF GIS Absolute Return
Closed
IOOF Global One Limited
ASK0823AU
Alternative - Other
starstarstar (as at 31 Aug 2011)
Investment Fund
1 May 2006
$0.01 million (as at 31 Jul 2011)
$7.4287 (as at 8 Sep 2011)
$7.4287 (as at 8 Sep 2011)
Suppressed
Offer information
Type Description
Standard entry fee 4%
Indirect Cost Ratio (ICR) 2.20% (as at 30 Jun 2010)
Minimum initial investment $3,000.00

FAQs about the IOOF GIS Absolute Return

The objective of the IOOF GIS Absolute Return managed fund is Consistent positive returns over the medium to longer term irrespective of market cycles.

The strategy of the IOOF GIS Absolute Return managed fund is Assets are invested in a diversified range of investment strategies generating returns from both non-traditional capital markets and active management. The Option makes significant use of absolute return strategies whose returns are less influenced by general capital market movements.

The APIR code of the IOOF GIS Absolute Return managed fund is ASK0823AU.

IOOF GIS Absolute Return’s total return last month was 0.52%. This was made up of a growth return of 0.52% and an income return of 0%. These returns were calculated as at 31 Aug 2011.

IOOF GIS Absolute Return’s total return for the last three months was 0.97%. This was made up of a growth return of -0.26% and an income return of 1.23%%. These returns were calculated as at 31 Aug 2011.

IOOF GIS Absolute Return’s one-year total return is 9.46%. This was made up of a growth return of -4.19% and an income return of 13.65%. These returns were calculated as at 31 Aug 2011.

IOOF GIS Absolute Return’s one-year total return is 0.81%. This was made up of a growth return of -7.31% and an income return of 8.12%. These returns were calculated as at 31 Aug 2011.

The asset allocation of the IOOF GIS Absolute Return managed fund is :

Cash
6.13%
Property & Infrastructure
93.87%
Australian Equities
0%
International Equities
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the IOOF GIS Absolute Return managed fund is IOOF Global One Limited.

The IOOF GIS Absolute Return managed fund belongs to the Alternative - Other sector/asset class.

As at 31 Jul 2011, the size of the IOOF GIS Absolute Return managed fund was $0.01 million.

The IOOF GIS Absolute Return managed fund has an inception date of 1 May 2006.

The current entry price of the IOOF GIS Absolute Return managed fund is $7.4287 per unit and the current exit price is $7.4287 per unit (as at 8 Sep 2011).

The current exit price of the IOOF GIS Absolute Return managed fund is $7.4287 per unit and the current entry price is $7.4287 per unit (as at 8 Sep 2011).

The minimum initial investment amount for the IOOF GIS Absolute Return managed fund is $3,000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.